606 Chestnut Ave - Apartments FOR SALE
Los Angeles, CA 90042 |
606 Chestnut Ave
Los Angeles, CA 90042
HIGHLIGHTS
- Prime investment opportunity featuring a 17-unit apartment complex with 1-bedroom/1-bath and 2-bedroom/2-bath layouts.
- Attractive cap rate of 6.31%, offering solid returns for multifamily investors.
- Secured entrance and ample rear parking, providing convenience for tenants.
- A rare income property in the highly desirable Highland Park, situated in a strong location within a thriving neighborhood.
- Some ground-level apartments feature small patios, providing outdoor space for residents.
- Prime location with easy freeway access, ideal for commuters and ensuring strong tenant demand.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
El Caballero
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
12400
STORIES
2
YEAR BUILT
1973
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5493-034-027
